Connect with us
Finance Digest is a leading online platform for finance and business news, providing insights on banking, finance, technology, investing,trading, insurance, fintech, and more. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

BUSINESS

By Shaun Simmons, Managing Director, Cordant Technical Recruitment

 There is a natural tendency at this time of year for companies to delay starting their new employees until after Christmas.

 The reasoning given for this is usually so they don’t have to pay them for dead time over the festive period or so that someone can have a “clean start” in the New Year.

However, more and more employers are now bucking this trend and pro-actively encouraging their hiring community to welcome their new recruits into the fold before the festive season begins.

When questioned upon this new school of thought, leading engineering companies highlighted the following as reasons for this new approach…

Christmas is the worst time for applicants accepting counter offers: Christmas parties, drinks, events, atmosphere all soften someone’s impression of their current company and can often lead to a last minute change of heart.

 The week between Christmas and New Year is the busiest time for job applications: Agencies and employers target this time with increased advertising as engineers are now back from working away or offshore, have spare time due to holidays / shutdowns and have “one last look” before starting in their new job in the New Year.

Family get involved: Decisions that have already been made get re-assessed over Christmas especially if the applicant has not had chance to discuss it face to face with the family or the new role is going to mean a change in lifestyle (less time with family, change in shifts, change in finances etc…)

Christmas is a great time to ease someone in: Inductions, completion of initial onboarding (IT / Eqpt / Company Vehicle), meet the team, attend OUR Christmas party / events…all of this can be done in a happy / festive / upbeat atmosphere (great first impression) with a view to HITTING THE GROUND RUNNING straight away in January.

The decision would appear to now be that a few weeks investment across the Festive Season is well worth it if negates the risk of a January let down that would put a company back to square one with an unexpected additional investment of time and money required to now fill the gap that they thought they had already filled!

Continue Reading

Recent Posts